The effect of the terrorist attacks in the US claimed another airline victim when Greek carrier, Axon Airlines, said it was suspending operations.
Axon, which flies to three European cities as well as operating on domestic routes, said it may fly again if the economic climate in the aviation industry changed.
The decision to ground its planes may also affect Axon's plans to buy the country's struggling flag carrier, Olympic Airways. Athens-based Axon has been negotiating with the Greek government but questions have arisen over how it would fund its bid.
The independent airline, which was launched in 1999, has been operating services to Brussels, Milan and Paris with its Boeing 737 planes.